Common use of Total Liabilities to Adjusted Tangible Net Worth Ratio Clause in Contracts

Total Liabilities to Adjusted Tangible Net Worth Ratio. The ------------------------------------------------------ ratio of Borrower's Total Liabilities to Borrower's Adjusted Tangible Net Worth shall not at any time be more than 10.0 to 1.0.

Appears in 1 contract

Sources: Warehouse Loan Agreement (Homecapital Investment Corp)

Total Liabilities to Adjusted Tangible Net Worth Ratio. The ------------------------------------------------------ ratio of Borrower's Total Liabilities to Borrower's Adjusted Tangible Net Worth shall not at any time be more than 10.0 3.5 to 1.0.

Appears in 1 contract

Sources: Working Capital Line of Credit and Security Agreement (Homecapital Investment Corp)